Toshiba Completes Sale of Memory Business to Bain Consortium
The Bain-led consortium includes Apple Inc., SK Hynix, Dell, Seagate Technology, and Kingston Technology.
Tagged: Bain Capital
Toshiba Reports on Sale of Memory-Chip Business
Toshiba Memory Corporation is the world’s number-two producer of NAND memory chips. Toshiba put the business up for sale last year after incurring losses from its Westinghouse nuclear-power business.
Toshiba Refutes Recent Rumors Concerning Pending Sale of Memory-Chip Business
The firm stated that multiple press reports on April 23 and 24 claim that Toshiba is considering cancelling sale of Toshiba Memory Corporation if the proposed sale isn’t approved by China’s anti-monopoly regulator.
Sale of Toshiba’s Memory Business Delayed
Some investors have opposed the sale of Toshiba’s profitable memory-chip business, arguing that the $18 billion sale price is too low.
Toshiba, Western Digital Settle, Sale of Memory Business to Proceed
Toshiba Corporation of Tokyo, Japan, reported today that it and its partner in Toshiba Memory Corporation, Western Digital, have entered......
Hong Kong Investor Tells Toshiba Sale of Memory Business Not Necessary
Financially strapped Toshiba Corporation of Japan may have received an early Christmas present of sorts, as Reuters reports that a......
Western Digital Seeks Injunction to Stop Sale of Toshiba’s Memory Business
Although Toshiba Corporation’s shareholders are scheduled next month to vote on the $18 billion (2 trillion yen) sale of its......
Toshiba Aiming Sell Memory Business for $18 Billion to Consortium Led by Bain Capital
Bloomberg Technology reported today that financially strapped Toshiba Corporation of Japan has agreed to sell its memory business, Toshiba Memory......
Toshiba Says it Will Sell Memory Business to Consortium Led by Bain Capital
Financially struggling Toshiba Corporation of Japan reported yesterday that it’s entered into a memorandum of understanding (MOU) to sell its...
